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Ratio Oil to sign a long- awaited deal category
Sept. 5, 2018

Ratio Oil to sign a long- awaited deal

According to the source, Ratio Oil Exploration, an Israel company, will sign a deal related to the search of oil and gas in the Philippines. This deal is a long- awaited one. Back in 2015, the company was awarded an Exploration deal, a 416,000-hectare East Palawan block of Palawan. This award got delayed because of several legal issues related to the previous exploration contract of that block.

Karish and Tanin gas projects get FID approval by Energean category
March 24, 2018
Source: World Oil

Karish and Tanin gas projects get FID approval by Energean

The board of directors of Energean Oil and Gas PLC has approved the Final Investment Decision (FID) to go ahead with Karish and Tanin Development Project, offshore Israel worth $1.6 billion. The project will be developed through a newly built and owned FPSO gas treatment which would offer flexible infrastructure solution and potentially expand the scope for additional projects.

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